He continued and said, “And then, if it doesn’t meet its escape velocity, which is a whole other term, which is, in my opinion, completely dependent on all this other macro stuff that we’ve been talking about… then it’s going to come back to that $80,000 to $100,000 mark. And it will stay there until the next four-year halving event.”

He also had a few things to say about the “real economy”:

So based on these manipulated markets, here’s my conclusion:
1. I like Bitcoin (& I like gold until the start of 2021)
2. Bonds totally suck
3. A few stocks will work – most won’t
4. Commodities will be insanely volatile

Jack Dorsey

Co-founder and CEO of Twitter and Square, Dorsey has been an advocate for Bitcoin since the early days. Having launched a crypto division of Square early this year (called Cash App - which helps newcomers buy Bitcoin), Dorsey is now making plans to lead the way to mass BTC adoption in Africa.

Coins Mentioned

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ION

RED

REAL

Ink

FLO

JUST

OST

Kin

TOP

Companies Mentioned

CoinMarketCap

CoinMarketCap is a website that provides cryptocurrency market cap rankings, charts, and more. It was purchased by Binance for $400M in 2020.